Are banks open on Memorial Day 2016?

Memorial Day Forecast

Originally called Decoration Day, Memorial Day — which traces back to the Civil War — is a day of remembrance of those who died in the service of the United States of America. It's observed on the last Monday of May, as dictated by the National Holiday Act of 1971, which created an annual three-day weekend known as Memorial Day weekend.

Is Memorial Day a Federal Holiday?

Memorial Day, which falls on Monday, May 30 this year, is a federal holiday. This means that most federal offices are closed and most federal employees are off of work. It's also a postal holiday, which means that the United States Postal Service will not make any mail deliveries.

27 Banks Closed on Memorial Day

Not only is Memorial Day a federally recognized national holiday, but it's a bank holiday, as well. The following bank branches will be closed on May 30.

  • Bank of America
  • Bank of the West
  • BB&T
  • BBVA Compass Bank
  • BMO Harris Bank
  • Capital One Bank
  • Chase Bank
  • Citibank
  • Citizens Bank
  • Comerica Bank
  • Fifth Third Bank
  • First Niagara Bank
  • HSBC Bank
  • Huntington Bank
  • Huntington State Bank
  • KeyBank
  • M&T Bank
  • People's United Bank
  • PNC Bank
  • Regions Bank
  • Santander Bank
  • Sovereign Bank
  • SunTrust Bank
  • TD Bank
  • Union Bank
  • U.S. Bank
  • Wells Fargo

Banks Open on Memorial Day

Although some banks stay open, or at least maintain limited hours during some federal holidays, most major banks are closed on Federal Reserve Bank holidays like Memorial Day. In the past, some banks — such as PNC and SunTrust — have kept their branches in grocery stores open on Memorial Day, so check your local branches for hours.

Memorial Day Weekend Hours

No major banks report changes in hours or openings for Saturday and Sunday of Memorial Day weekend. If your bank maintains weekend hours, it is likely that those hours will not change on May 28 or May 29. If you need cash this Memorial Day weekend and your bank is closed, ATMs will still be available for use. You can also do most of your other banking online if necessary.

This article originally appeared on Are Banks Open on Memorial Day 2016?

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RELATED: Cheapest Memorial Day weekend travel destinations

Cheapest Memorial Day Weekend Travel Destinations
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Are banks open on Memorial Day 2016?

Austin, Texas 
With its notable live music scene and historic landmarks, Austin is a great city to go on quick and affordable weekend trip with your family. 

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San Juan Island, Washington  
It may not be as bright and sunny as most island getaways, but San Juan Island is a great place to explore one of the country's largest lavender farms and is the perfect place to whale watch.  

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Charleston, South Carolina 
If southern charm and historic tours are some of your favorite things, then Charleston is the place for you. Not only is the city rich in history, but it's also known for its delicious seafood. 

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Cape Cod, Massachusetts  
If you're looking to escape the hustle and bustle of everyday city life, Cape Cod is the best place for you. Cape Cod is also close to popular vacation destinations such as Martha's Vineyard. 

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This island may not initially seem like an affordable Memorial Day travel destination -- but due to May being considered part of its off-season, flights and hotels can be surprisingly low.  

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Florida Keys, Florida 
If you're looking for a tropical paradise in the U.S., then the Florida Keys is where you need to be. With beautiful palm trees and clear waters, it's the perfect trip if you're looking for a last-minute escape. 

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Nashville, Tennessee 
Country music fans and BBQ lovers, this is the city for you! Home to the Country Music Hall of Fame and tons of restaurants, this is the perfect place to indulge in good music, good weather and great eats. 

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St. Louis, Missouri  
Home to the oldest botanical garden in continuous operation in America, St. Louis is definitely a hidden gem. If you're looking for a fun, under-the-radar city then it's the perfect place for you. 

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Denver, Colorado 
If sports and mountains are your two favorite things, then Denver is your best bet this Memorial Day. Home to the Rocky Mountains and four sports teams, it's the perfect location to take in the world's natural wonders.   

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Savannah, Georgia 
Much like Charleston, Savannah is rich in history and seafood. If haunted tours or walking along a cobblestone road interests you, then Savannah is perfect place for you to visit. 

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